SLM Corporation (NASDAQ: SLM) is -22.37% lower on its value in year-to-date trading and has touched a low of $14.35 and a high of $20.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLM stock was last observed hovering at around $15.44 in the last trading session, with the day’s loss setting it -0.17% off its average median price target of $20.00 for the next 12 months. It is also 36.38% off the consensus price target high of $24.00 offered by analysts, but current levels are 4.56% higher than the price target low of $16.00 for the same period.
Currently trading at $15.27, the stock is 0.91% and -2.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing -1.10% at the moment leaves the stock -12.79% off its SMA200. SLM registered -12.74% loss for a year compared to 6-month loss of -16.37%.
The stock witnessed a -1.86% gain in the last 1 month and extending the period to 3 months gives it a -2.61%, and is 1.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 3.12% over the month.
SLM Corporation (SLM) has around 1450 employees, a market worth around $3.89B and $1.83B in sales. Current P/E ratio is 5.05 and Fwd P/E is 5.48. Profit margin for the company is 46.10%. Distance from 52-week low is 6.41% and -26.87% from its 52-week high. The company has generated returns on investments over the last 12 months (13.40%).
The EPS is expected to grow by 60.60% this year.
SLM Corporation (SLM) Top Institutional Holders
The shares outstanding are 261.33M, and float is at 249.52M with Short Float at 3.56%.
SLM Corporation (SLM) Insider Activity
A total of 21 insider transactions have happened at SLM Corporation (SLM) in the last six months, with sales accounting for 2 and purchases happening 19 times. The most recent transaction is an insider sale by Boyles Jonathan,the company’sSVP & Controller. SEC filings show that Boyles Jonathan sold 6,140 shares of the company’s common stock on Mar 04 at a price of $17.43 per share for a total of $0.11 million. Following the sale, the insider now owns 0.12 million shares.
SLM Corporation disclosed in a document filed with the SEC on Feb 28 that McGarry Steven (EVP & Chief Financial Officer) sold a total of 15,016 shares of the company’s common stock. The trade occurred on Feb 28 and was made at $19.75 per share for $0.3 million. Following the transaction, the insider now directly holds 0.3 million shares of the SLM stock.
Still, SEC filings show that on Feb 25, McGarry Steven (EVP & Chief Financial Officer) disposed off 22,834 shares at an average price of $19.89 for $0.45 million. The insider now directly holds 313,893 shares of SLM Corporation (SLM).
SLM Corporation (SLM): Who are the competitors?
The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading -24.27% down over the past 12 months and Bank of America Corporation (BAC) that is -12.63% lower over the same period. Wells Fargo & Company (WFC) is -5.24% down on the 1-year trading charts.